Animoca Brands unveils second phase of Mocaverse’s MOCA token airdrop

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300,000 MOCA tokens’ distribution in the next stage will be determined by the KIP Protocol AI, as announced by Yat Siu.

On January 13th, Yat Siu, co-founder and executive chairman of Animoca Brands, disclosed the prerequisites for phase two of the Moca Network (MOCA) token giveaway. This upcoming event aims to distribute a total of 300,000 MOCA tokens among members of the Mocaverse community.

As a crypto enthusiast, I’m excited to learn about the latest airdrop opportunity on project X, as outlined by Yat Siu. To take part in this event, here are the simple steps I need to follow:

1. First, I need to provide my MOCA ID for verification.
2. Next, I’m encouraged to share my thoughts and opinions about Mocaverse, the project’s virtual world.
3. Lastly, I must complete certain tasks such as following the official project account and retweeting the airdrop announcement.

By completing these steps, I stand a chance to receive some free tokens from this exciting airdrop! Let’s get started!

As a crypto investor, I’m thrilled to share the specifics of the second phase for the 300k $moca giveaway hosted by Moca_Network. To participate, follow these accounts: @ysiu, @Moca_Network, @MOCAFoundation, and @animocabrands.

Next, retweet this post, tag three friends who are enthusiastic about web3, and share your MOCA ID. If you don’t have one yet, you can easily get it at the provided link! Good luck!

— Yat Siu (@ysiu) January 13, 2025

In the Mocaverse community, we’ll utilize the sophisticated KIP Protocol AI system to fairly select recipients. This method guarantees a systematic, impartial process, as it assesses candidates according to established standards. This approach boosts transparency and fosters a fair distribution of tokens, promoting inclusivity in our community.

During the second phase, we’re building upon an earlier airdrop initiative that took off in December 2024, which was part of the Token Generation Event for the Mocaverse project. In the initial stage, individuals who contributed to community discussions and interacted with MOCA NFT-related posts on Twitter were recognized and rewarded.

For the second phase, I’m planning on engaging more members of our community and would appreciate your ideas about what type of interactive activities could be implemented.

— Yat Siu (@ysiu) December 23, 2024

Mocaverse, developed by Animoca Brands, serves as a unifying platform for their web3 projects, collaborators, and community members. The MOCA token is essential, functioning as a utility token that allows participation in governance and incentivizes user engagement.

Currently, the price for one MOCA token is at around $0.2123. Over the past 24 hours, there has been a trading volume of about $36.21 million. With a total supply of 1.63 billion MOCA tokens in circulation, this gives the market capitalization an approximate value of $345.16 million.

The influence on the token’s price from this second-phase airdrop is still unpredictable. While airdrops tend to boost trading actions, an influx of tokens might cause temporary selling pressure due to quick resale, which could temporarily lower the price. However, enhanced user interaction and wider distribution may eventually fortify long-term value by fostering a more active and invested community.

The market’s reaction to this airdrop will become clearer in the coming weeks.

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2025-01-13 11:22